Tennessee: Chester County’s women’s basketball teams budget increases 8.5% in 2024

Linda McMahon (center), Secretary of Education
Linda McMahon (center), Secretary of Education
0Comments

Chester County spent $728,784 on women’s collegiate basketball teams in 2024, representing an 8.5% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $1,314,956, with the women’s team receiving $728,784.

Since 2010, the average sports expenses in Chester County have grown 201.9%.

Basketball is one of the most popular college sports in the United States alongside football, with major NCAA programs drawing fan support and television audiences that can rival those of the NBA. Tournaments such as March Madness attract millions of viewers each year.

College athletics has entered a new era of athlete compensation after a federal settlement allowed schools to directly share revenue with players for the first time. The agreement also requires the NCAA to pay $2.8 billion in back damages over 10 years to athletes who competed from 2016 to the present.

In 2022, after years of legal and legislative pressure, athletes also gained the right to profit from their names, images and likenesses through state laws and an NCAA policy change.

The NCAA generated roughly $900 million in revenue from March Madness and related Division I men’s basketball tournament media rights during fiscal year 2024, making basketball the organization’s largest source of revenue.

Women’s Basketball Team’s Expenditures of Chester County Over Last 5 Years
YearBasketball team’s expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2024$728,78410.5%$6,960,341
2023$671,9228.9%$7,571,673
2022$639,0469.3%$6,907,426
2021$469,1357.5%$6,270,839
2020$486,3089%$5,423,311
Information in this story was obtained from the U.S. Department of Education. The source data can be found here.



Related

Linda McMahon, Secretary of Education

Lane College men’s basketball teams report $385,827 in expenses for 2024

In 2024, Lane College in Jackson, Tennessee allocated $385,827 to its men’s basketball teams, which is $1,324,340 below the state average of $1,710,167, according to data from the U.S. Department of Education.

Elizabeth Walker, Director, Office of Small and Disadvantaged Business Utilization, U.S. Department of Education

Union University women’s basketball teams reported $814,019 in expenses for 2024

According to the U.S. Department of Education, Union University in Jackson, Tennessee allocated $814,019 to its women’s basketball teams in 2024, which is $235,513 below the state average of $1,049,532.

Thomas Flagg, Chief Information Officer (CIO), U.S. Department of Education

2024: How much did Jackson State Community College allocate to women’s basketball?

According to the U.S. Department of Education, Jackson State Community College in Tennessee allocated $153,590 to women’s basketball teams in 2024, which is $895,942 below the state average of $1,049,532.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from SW Tennessee News.